Visa just took a huge step into China with this partnership (V)
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View ArticleDAVID TEPPER: 'We don't start things just to start things'
SunEdison, the solar power company that has seen its stock fall 83% in the last six months, is crashing yet again on some disappointing news.The news is that Appaloosa Management, the hedge fund helmed...
View ArticleSTOCKS FALL: Here's what you need to know (USO, OIL, DIA, SPX, SPY, QQQ, TLT)
Happy Leap Day!Stocks fell on the final day of February, the 29th day of the month which only comes around once every four years. For the month, the major US averages finished just about flat but...
View ArticleLaunch of Maserati SUV brings hope to Turin car workers
By Agnieszka Flak and Gianni MontaniTURIN, Italy (Reuters) - Hundreds of workers from Fiat's sprawling Mirafiori plant in the Italian city of Turin hope Maserati's first sport-utility vehicle will...
View ArticleThe US economy is getting better, but US workers are getting worse
While the headline numbers for the labor market are improving, there is an underlying trend that paints a much more ominous picture of the American workforce."More educated or experienced workers will...
View ArticleFormer hedge fund manager Phil Falcone spoke in public for the first time in...
Former hedge fund manager Philip Falcone said that there's "an awful lot of mediocrity" these days in the hedge fund space.On Monday, Falcone resurfaced at the Alpha Hedge East conference in Florida...
View ArticleThe Fintech Industry Explained: The Trends Disrupting The World of Financial...
The BI Intelligence Content Marketing Team covers news & research we think you would find valuable.We’ve entered the most profound era of change for financial services companies since the 1970s...
View Article30 hot cars we can't wait to see at the Geneva Motor Show
The 2016 Geneva Motor Show is the first major European car show of the year. The world's top brands will come out in force with their latest and greatest offerings. From Aston Martin to McLaren, from...
View ArticleBubbles, chasms and 'dreaming the dream' ― a top tech investor reveals its...
Coatue Management, the $10 billion long/short equity hedge fund led by "Tiger Cub" Philippe Laffont, is one of the most prolific investors in technology companies.Speaking at the MIT Sloan Investment...
View ArticleArgentina, creditors settle 14 years after default for $4.6 billion
By Daniel Bases, Hugh Bronstein and Richard LoughNEW YORK/BUENOS AIRES (Reuters) - Argentina and its main holdout creditors have reached a $4.653 billion agreement in principle to settle a 14-year-old...
View ArticleIt's another hedge fund horror show as Valeant gets slaughtered
Valeant Pharmaceuticals got hammered on Monday, and it's bad news for a bunch of hedge funds.The embattled Canadian pharma company confirmed its part in several ongoing investigations. They include...
View ArticleSTRATFOR: A world without cash is looking inevitable
Physical currency is going extinct, according to Stratfor.In a recent paper, the global forecaster said that the world is on a march to a cashless society and even if there are setbacks the endgame is...
View ArticleToyota, BMW strongly motivated to collaborate on sportscar: Totoya executive
GENEVA (Reuters) - Toyota Motor Corp <7203.T> and Germany's BMW are still keen to develop a common sportscar architecture but have yet to decide on a timeline for the project, a senior executive...
View ArticleThis is the new flagship VW luxury sedan — but you can't have one
Volkswagen introduced its new Phideon luxury sedan today, ahead of the 2016 Geneva Motor Show.The Phideon is expected to be the successor to the company's much-maligned Phaeton sedan, which will cease...
View ArticleInvestor who wants to get Yahoo CEO Marissa Mayer fired explains why his plan...
Starboard Value CEO Jeffrey Smith is one of the most powerful activist investors in the world.His job is to find an underperforming company, buy a bunch of its shares and rally other shareholders to...
View ArticleRed faces, raised voices over late hitch in Foxconn's Sharp deal
By Makiko Yamazaki and J.R. WuTOKYO/TAIPEI (Reuters) - A late hitch to Foxconn's takeover of Japan's struggling Sharp Corp <6753.T> brought simmering distrust between the two close to boiling...
View ArticleThe company behind the New York Stock Exchange is eyeing global domination (ICE)
Atlanta-based Intercontinental Exchange - the owner of the New York Stock Exchange - is considering making a counter bid for the London Stock Exchange, Bloomberg News reports.This comes just a week...
View ArticleThe future of the bank branch is in trouble — here's why
Millennials are increasingly turning to digital banking channels to perform their banking activities, and they're visiting their banks' branches less often than ever before. The behaviors and...
View ArticleMcLaren Automotive could triple car production by 2022: CEO
By Costas PitasGENEVA (Reuters) - McLaren Automotive, which only began building its range of luxury sports cars for general sale in 2010, could triple volumes to up to 5,000 cars by 2022, its CEO told...
View ArticleHere’s how Osama bin Laden wanted his millions spent after his death
The Director of National Intelligence declassified 113 documents on Tuesday that were seized from Osama bin Laden's Abbottabad complex. Among the documents is bin Laden's will, which specifies how he...
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